Monday turned out to be an up day for crude futures and for energy stocks in Oklahoma and those with ties to the state.
West Texas Intermediate December contracts finished up 12 cents for a change of 0.29% to settle at $41.46 per barrel.
Brent crude, considered the global benchmark finished up $1.04 fat $43.82 on the ICE Futures Europe….a gain of 2.43%.
Natural gas prices finished up 1 cent at $2.69 per MMBtu.
Following its weekend announcement of Chapter 11 bankruptcy filing Gulfport Energy’s 11-cent-a-share increase amounted to a more than 44% gain as shares closed at 13 cents. Yes, they had been trading at 2 cents per share.
Otherwise, the non-bankruptcy case companies saw considerable gains too. Mammoth Energy Services rose 11% following an 18-cent gain to $1.81 at the end of Monday’s trading.
Continental Resources, Inc. closed up 44 cents for a 3.15% gain to $14.40. Cypress Environmental Partners LP finished at $2.11 following a 3 cent increase or 1.44% gain. Devon Energy Corp. jumped 6.37% or 75 cents a share to end the day at $12.53.
Chevron (CVX) up 5.93 at 88.96 – change 7.14%
Concho Resources (CXO) up 3.94 at 55.16 – change 7.69%
ConocoPhillips (COP) up 2.72 at 38.08 – change 7.69%
Diamondback Energy (FANG) up 2.33 at 35.93 – change 6.93%
Energy Transfer LP (ET) up 0.08 at 5.44 – change 1.49%
Enterprise Products Partners (EPD) up 0.44 at 18.95 – change 2.37%
EOG Resources (EOG) up 2.68 at 45.35 – change 6.28%
ExxonMobil (XOM) up 2.08 at 38.15 – change 5.76%
Kinder Morgan (KMI) up 0.54 at 13.67 – change 4.11%
Marathon Oil Corp. (MRO) up 0.42 at 5.48 – change 8.30%
National Oilwell Varco (NOV) up 1.06 at 12.04 – change 9.65%
Occidental Petroleum (OXY) up 0.90 at 12.70 – change 7.62%
Parsley Energy (PE) up 0.52 at 11.89 – change 4.57%
Phillips 66 (PSX) up 4.76 at 62.62 – change 8.22%
Pioneer Natural Resources (PXD) up 4.04 at 94.71 – change 4.45%
Valero (VLO) up 4.75 at 55.67 – change 9.32%
CLOSING TOP UTILITY STOCKS
American Electric Power (AEP) down 0.66 at 89.21 – change 0.74%